2023 MVR to BZD Historical Review

YEARLY HIGH

0.1325 BZD

YEARLY LOW

0.1291 BZD

YEARLY AVERAGE

0.1311 BZD

2023 MVR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1325. Conversely, the yearly low was recorded on March 19, dropping to 0.1291.

This high-to-low spread represents a total annual volatility of 0.0035 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1310 to the December average rate of 0.1313, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1325 was up 0.39% compared to the 2022 peak of 0.1320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 663 BZD

2022 Average 653 BZD

Yearly Trough Low 645 BZD

Transaction Impact: A difference of 17.40 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1314

0.1307

JanuMarcMayJulySeptNove

MVR to BZD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1311, compared to 0.1310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1311

H2 Avg (Jul–Dec) 0.1310

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0028 BZD (High: 0.1323 / Low: 0.1295). On the other end, December was the most stable month, with a tight range of 0.0008 BZD (High: 0.1316 / Low: 0.1308).

November Spread (Volatile) ±0.0028

December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1313) against the same month in 2022 (average: 0.1305), the exchange rate shifted by +0.0008 (+0.64%).

2023 Avg (February) 0.1313

2022 Avg (February) 0.1305

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1314	0.1305	0.1310
February	0.1325	0.1305	0.1313
March	0.1315	0.1291	0.1308
April	0.1315	0.1295	0.1311
May	0.1320	0.1308	0.1313
June	0.1318	0.1308	0.1314
July	0.1317	0.1297	0.1309
August	0.1317	0.1305	0.1311
September	0.1312	0.1302	0.1307
October	0.1316	0.1303	0.1309
November	0.1323	0.1295	0.1310
December	0.1316	0.1308	0.1313